The Second Wave (EP.139)

Animal Spirits Podcast

The Compound

News, Business News, Investing, Business

4.7 • 2.1K Ratings

🗓️ 17 April 2020

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We discuss the path to normalcy, why the economy is going to be operating at partial capacity for some time, when people will begin flying again, why people are so angry with the bailouts, counterintuitive real estate trends, why colleges may be in trouble this fall and much more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We've been telling you about the Tech Mem Ride Home Podcast, and it's the greatest daily podcast to catch up on tech news every day.
0:06.2	They also do interview episodes with folks like Howard Lindenzein, Steve Case, Andreeson-Hoorwards, J. Yarrow of C.M. Search your podcast app and subscribe to the Tech. And
0:14.8	Harwood's partners Jay Yaro of C and you see your podcast app and subscribe to the Tech Mem Ride Home
0:15.6	Podcast.
0:16.6	Welcome to Animal Spirits, a show about markets, life and investing.
0:21.6	Join Michael Batnick and Ben Carlson
0:24.4	as they talk about what they're reading, writing, and watching.
0:28.3	Michael Batnick and Ben Carlson
0:30.0	work for Ritholz's wealth management.
0:31.8	All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions
0:36.2	and do not reflect the opinion of Ritholz wealth management.
0:39.1	This podcast is for informational purposes only and should not be relied upon for investment decisions.
0:44.3	Clients of RIT holds wealth management may maintain positions in the securities discussed in this
0:48.0	podcast.
0:49.0	Welcome to Animal Spirits with Michael and Ben. We're filling this on Thursday morning
0:55.9	just before the unemployment numbers come out and I'm sure they're going to be
0:59.6	horrible again. The IMF this week said that they think that the coronavirus is going to hit the world
1:07.4	economy worse than the Great Depression.
1:10.3	Did they actually say that?
1:11.3	Because I tweeted that and somebody said they never said that.
1:14.0	Okay, so that's just the headline?
1:16.0	Who knows what to believe?
	...

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